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PB Healthcare secures $218 mn seed capital
May 09, 2025
|Mint Bangalore
Firm will set up a 1,000-bed hospital network in National Capital Region
Policybazaar promoter Yashish Dahiya's healthcare venture on Thursday said it has raised $218 million seed capital at a valuation of $243 million. While Policybazaar parent PB Fintech invested $62 million for a 26% stake in PB Healthcare Services Pvt. Ltd, General Catalyst infused $50 million for 20.57%. The names of other investors could not be ascertained.
In the seed funding round, which valued the healthcare venture at $243 million, PB Fintech invested $62 million for a 26% stake, while General Catalyst infused $50 million for 20.57% stake.
Incorporated on 1 January 2025, the Gurugram-based healthcare firm will use the proceeds to set up a 1,000-bed hospital network in the National Capital Region and accelerate product development and technological innovation.
This is part of the startup's broader aim to build an end-to-end platform that integrates healthcare and insurance.
هذه القصة من طبعة May 09, 2025 من Mint Bangalore.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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